Updates

Volex - Broker introduces 200p price target

June 2010

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Shares in Volex have quickly run up to a new high of 143p after the power products and cable assemblies firm announced Q4 operating profit and revenues greater than in Q3. As a result, year-end net debt has fallen further.Most of the growth was in the larger power products division where trading in its main telecoms / datacoms and healthcare sectors in Europe and North America showed signs of improvement with increasing sales pipelines and order levels. This more than offset the adverse impact of telecoms operators delaying network infrastructure rollouts in India and China. Broker, Charles Stanley has just initiated coverage with a 20 page note and a price target of 200p. Its two biggest positives are that Volex should hav ...

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Greene King

Craneware

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Volex - Shares have gained more than Â£2 (July 2011)

Volex - Shares hit new highs (July 2010)

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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